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...We have given our full co-operation.”...
...The company said it was “co-operating with the European Commission and is committed to defending its reputation as a fully independent and self-supporting economic operator”....
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...The Shenzhen-based company’s founder and chair Li Yi hopes between 10 and 30 per cent of this year’s revenues will come from EV equipment, up from “almost nothing” in 2023....
...According to two people with knowledge of the plans, SMIC is aiming to use its existing stock of US and Dutch-made equipment to produce more-miniaturised 5-nanometre chips....
...For the first demonstration flight of its C919 passenger jet outside China, state-backed aircraft maker Comac headed to Singapore — a clear sign that the would-be rival to Boeing and Airbus saw south-east...
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...In the first quarter of this year, China’s exports to Russia remained broadly flat....
...In fact, emerging-market sovereigns have sold more hard-currency bonds in the first quarter of this year than any first-quarter on record, according to a JPMorgan note this week....
...Today, new private credit structures are giving investors access to assets previously confined to banks’ balance sheets such as equipment finance....
...ASML, the chip manufacturing equipment supplier, insisted that the semiconductor industry was on track to recover in the second half of the year even as its first quarter disappointed investors....
...Schmidt said: “On EU CO₂ targets, think of a limbo dancer that has to get under a bar that is reduced every five years.”...
...The targeted businesses will be hit by trade restrictions after being identified as helping to supply equipment, particularly electronics and microchips, used by Russia to manufacture weapons or other equipment...
...But the Biden administration has now confirmed it will offer Taiwan Semiconductor Manufacturing Co, the chip powerhouse making key AI chips and processors for Nvidia, Apple and AMD, some $6.6bn in grants...
...“It is hard to say it is not a good idea given the track record,” added Matt Bennett, a co-founder of Third Way, the centrist Democratic think-tank....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...Markets have not shown the same enthusiasm for the listing of Chinese bubble-tea maker Sichuan Baicha Baidao Industrial Co — widely known as Chabaidao....
...In Chinatown, for example, Soldes, The Fulcrum, No Moon LA, Leroy’s, Human Resources and Los Angeles Contemporary Archive co-ordinate openings and pool their resources, sharing equipment and helping one...
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...Almost a quarter of non-doms work in finance, according to analysis by academics from the University of Warwick and the London School of Economics....
...It also illustrates China’s growing role both as Russia’s main equipment supplier and its largest buyer of LNG....
...But, without that first step, everything else is not actionable.”...
...The Wall Street Journal first reported Neumann’s preliminary offer for WeWork....
...The Hague is pressing Brussels to co-ordinate export controls after being isolated last year....
...When including plug-in hybrid vehicles — which China counts as “new energy vehicles”, or NEVs, alongside pure battery and hydrogen-powered models — BYD overtook Tesla in the first half of 2022....
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